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Seychelles

SC · SYC · Middle East & Africa

5 regulators · 12 laws & regulations · 13 obligations · 3 enforcement actions

Central Bank of Seychelles CBS

Official site
https://www.cbs.sc
Established
2004
Constituting statute
Central Bank of Seychelles Act, 2004 (Act 12 of 2004)

Who they are

Seychelles' central bank, set up as a body corporate under section 3 of the Central Bank of Seychelles Act, 2004 and required to act independently of any other authority. Its stated mission is to promote price and financial system stability.

What they do

Licenses, regulates and supervises banks, bureaux de change and other financial institutions under its purview (s. 4A(1)(d)). It also oversees the national payment system, issues AML/CFT directives and circulars to the institutions it supervises, and runs a climate-related financial risk supervision strategy.

Key laws & regulations issued

All Laws & Regulations from CBS →

Latest news

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